Leonard Frank X - Sep 1, 2022 Form 4 Insider Report for NovoCure Ltd (NVCR)

Signature
By: /s/ Steven Robbins, Attorney in Fact for Frank X. Leonard
Stock symbol
NVCR
Transactions as of
Sep 1, 2022
Transactions value $
-$1,146,634
Form type
4
Date filed
9/6/2022, 04:19 PM
Previous filing
Aug 3, 2022
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVCR Ordinary Shares Sale -$79.5K -1.05K -1.02% $75.94 101K Sep 1, 2022 Direct F1, F2
transaction NVCR Ordinary Shares Sale -$147K -1.91K -1.89% $77.00 99.2K Sep 1, 2022 Direct F1, F3
transaction NVCR Ordinary Shares Sale -$231K -2.96K -2.98% $78.09 96.3K Sep 1, 2022 Direct F1, F4
transaction NVCR Ordinary Shares Sale -$35.6K -452 -0.47% $78.66 95.8K Sep 1, 2022 Direct F1, F5
transaction NVCR Ordinary Shares Sale -$91.1K -1.2K -1.25% $75.93 94.6K Sep 1, 2022 Direct F1, F6
transaction NVCR Ordinary Shares Sale -$135K -1.75K -1.85% $76.96 92.9K Sep 1, 2022 Direct F1, F7
transaction NVCR Ordinary Shares Sale -$212K -2.72K -2.93% $77.92 90.2K Sep 1, 2022 Direct F1, F8
transaction NVCR Ordinary Shares Sale -$85.6K -1.09K -1.21% $78.68 89.1K Sep 1, 2022 Direct F1, F9
transaction NVCR Ordinary Shares Sale -$18.2K -240 -0.27% $75.88 88.8K Sep 1, 2022 Direct F1, F10
transaction NVCR Ordinary Shares Sale -$27.7K -360 -0.41% $77.06 88.5K Sep 1, 2022 Direct F1, F11
transaction NVCR Ordinary Shares Sale -$34.2K -438 -0.5% $78.14 88K Sep 1, 2022 Direct F1, F12
transaction NVCR Ordinary Shares Sale -$3.79K -48 -0.05% $78.96 88K Sep 1, 2022 Direct F1, F13
transaction NVCR Ordinary Shares Sale -$46.2K -584 -0.66% $79.04 87.4K Sep 2, 2022 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction was made pursuant to a Rule 10b-5-1 trading plan adopted by Mr. Leonard.
F2 On September 1, 2022, Mr. Leonard sold 1,047 shares in multiple trades at prices ranging from $75.42 to $76.37. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F3 On September 1, 2022, Mr. Leonard sold 1,914 shares in multiple trades at prices ranging from $76.54 to $77.42. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F4 On September 1, 2022, Mr. Leonard sold 2,955 shares in multiple trades at prices ranging from $77.57 to $78.56. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F5 On September 1, 2022, Mr. Leonard sold 452 shares in multiple trades at prices ranging from $78.57 to $78.74. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F6 On September 1, 2022, Mr. Leonard sold 1,200 shares in multiple trades at prices ranging from $75.41 to $76.31. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F7 On September 1, 2022, Mr. Leonard sold 1,750 shares in multiple trades at prices ranging from $76.41 to $77.33. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F8 On September 1, 2022, Mr. Leonard sold 2,720 shares in multiple trades at prices ranging from $77.42 to $78.39. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F9 On September 1, 2022, Mr. Leonard sold 1,088 shares in multiple trades at prices ranging from $78.46 to $79.28. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F10 On September 1, 2022, Mr. Leonard sold 240 shares in multiple trades at prices ranging from $75.42 to $76.41. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F11 On September 1, 2022, Mr. Leonard sold 360 shares in multiple trades at prices ranging from $76.57 to $77.48. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F12 On September 1, 2022, Mr. Leonard sold 438 shares in multiple trades at prices ranging from $77.59 to $78.58. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F13 On September 1, 2022, Mr. Leonard sold 48 shares in multiple trades at prices ranging from $78.70 to $79.28. The price reported above reflects the weighted average sale price. Mr. Leonard hereby undertakes to provide to the Staff, the issuer or any security holder of the issuer upon request, full information regarding the number of shares and prices at which the transaction was effected.
F14 Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the issuer's award agreement under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.